Europe’s economy survived ‘terrible prophecies’ but must now tackle trade with China: EU’s Gentiloni
The European Union has successfully avoided the “terrible prophecies” that threatened its economy in recent years, but must still contend…
U.S. job market slows, but it’s not yet a ‘three-alarm fire,’ economist says
The U.S. job market is cooling at a worrisome rate but not to an extent that warrants panic — at…
Fed Governor Waller backs interest rate cut at September meeting, open to larger move
Federal Reserve Governor Christopher Waller on Friday backed an interest rate cut at the upcoming central bank policy meeting in…
Unemployment among Black workers falls in August, bucking trend from other groups
The unemployment rate for Black workers fell in August, according to data released Friday by the Department of Labor. In…
Here’s where the jobs are for August 2024 — in one chart
The August jobs report came in weaker than expected, and employment growth by different industries showed a mixed bag for…
August payrolls grew by a less-than-expected 142,000, but unemployment rate ticked down to 4.2%
The U.S. economy created slightly fewer jobs than expected in August, reflecting a slowing labor market while also clearing the…
JPMorgan top economist says the Fed should cut rates by a half point this month
The Federal Reserve should cut interest rates by 50 basis points at its September meeting, according to JPMorgan’s Michael Feroli.…
